For the projection period of 2021–2031, the dimethylolpropionic acid (DMPA) market is expected to grow at an 8% CAGR. The market is expanding because to the demand for long-lasting coatings for heavy-duty applications. The market for dimethylolpropionic acid experienced exponential growth as a result of increasing DMPA use in HVAC systems and electric appliances. According …
Monthly Archives: December 2022
Mono Propylene Glycol Market Size Predictions : USD 5,159.5 Million by 2032, Report By FMI
Mono propylene glycol (MPG) continues to find application across diverse industries, on the back of its low toxicity and hygroscopic properties. A recent Future Market Insights (FMI) study suggests that the global mono propylene market value will reach beyond US$ 5 Bn towards the end of 2029, witnessing a moderate CAGR during forecast period (2022 – 2029). Environmental sustainability …
Vulcanization Accelerators Market Size, Share & Forecast | USD 2,301.6 Million by 2029
The latest study published by Future Market Insights (FMI) on the vulcanization accelerators market incorporates the global industry analysis and market opportunity assessment for the forecast period of 2022 – 2029. The global vulcanization accelerators market was evaluated at ~US$ 1.4 Bn in 2021 and is anticipated to grow with ~4% CAGR during the forecast period i.e., 2022 …
Perfluoropolyether (PFPE) Market to Achieve A High CAGR Of 4.3% During Forecast Period by 2029
A new research by Future Market Insights on the perfluoropolyether (PFPE) market includes global industry analysis 2014-2021 and opportunity assessment 2022-2029. The global perfluoropolyether market is estimated to reach ~ US$ 758.8 Mn in 2022, and increase at a CAGR of ~ 4.3% during the forecast period of 2022-2029. The report explores the perfluoropolyether market and provides …
Sodium Caseinate Market is Estimated to Register a Strong CAGR of 4.6% by end of 2031 | Says FMI Analyst
According to the latest research from Future Market Insights (FMI), the worldwide sales of sodium caseinate market will increase ~5% year-over-year to reach ~270 thousand tons in 2022, up from ~258 thousand tons in 2021. FMI analysts forecast the sodium caseinate market to grow at a value CAGR of ~4.6% through to 2029, driven by greater demand for …
Food Grade Carrageenan Market is Anticipated to Increase at a 7.1% CAGR 2022-2032
The global food grade carrageenan market is set to witness growth at a CAGR of 7.1% and is anticipated to reach a valuation of around US$ 2.3 Bn by 2032. In food, hydrocolloids have a variety of functions, including gelling, thickening, emulsifying, coating, and stability. Hydrocolloids are used in a wide range of foods, from dairy products …
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Tonic Wine Market Future Trends, Business Opportunity Dynamic Growth & Forecast to 2032
The global tonic wine market is expected to reach market valuation of US$ 1.9 Bn by the year 2021, accelerating at a CAGR of 6.1% by 2022-2032. Tonic wine sales forecast remains positive and is expected to total US$ 3.4 Bn globally by 2032. The pandemic had a huge impact on the tonic wine market due to the forced closure of on-trade vineyards …
Kombucha Tea Market 2022: Qualitative and Quantitative Research with Prior Insights by Industry Experts 2032
The global kombucha tea market is set to witness growth at a CAGR of 12.3% and is anticipated to reach a valuation of around USD 5,234.6 Mn by 2032. One of the primary factors driving the global kombucha tea market is the growing demand for convenience packaging. Busy lifestyles and time constraints across the globe have increased the demand …
Spirits Market Estimated to Experience a Hike in Growth in the Forecast period 2032-FMI
The global spirits market is estimated at US$ 56 Bn in 2022 and is projected to reach US$ 92.9 Bn by 2032, at a CAGR of 5.2% from 2022 to 2032. Spirit is an alcoholic beverage prepared through distillation process in which the component substances are separated from a liquid mixture via evaporation and condensation. This process is used for purification of the …
Champagne Market Current Trends, Key Players and Future Growth Estimations Outlook to 2032
The global champagne market is expected to reach a market valuation of US$ 7.0Bn by the year 2022, accelerating at a CAGR of 5.08% by 2022-2032, to reach a value of US$ 11.5Bn by 2032. The alcohol beverage industry suffered from initial set back due to pandemic as spread of virus resulted in delays in shipment, rise in packaging cost, and scarcity of …